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Analysis on the carbon trading approach in promoting sustainable buildings in China

Author

Listed:
  • Chen, Yihui
  • Jiang, Ping
  • Dong, Wenbo
  • Huang, Beijia

Abstract

With the high growth urbanization and increasing new urban population, the huge demand for infrastructures and dwellings has become a great challenge for the sustainable development in Chinese cities. The building sector shares one fourth of total energy consumption in the country and plays an important role in reducing the energy consumption and the consequential green house gas (GHG) emissions. Some policies have been issued for promoting the low carbon sustainable development in China's buildings. However, existing barriers especially the investment barriers substantially prevent the low carbon technologies and service from being employed effectively. The carbon trading scheme of cap-and-trade is now widely accepted as one cost-effective way to deal with the climate change issue in the world, and it can be utilized for overcoming the barriers to carbon reduction activities in China's building sector. A new Clean Development Mechanism (CDM) energy performance based method is designed for reducing transaction costs in implementing CDM projects in China's buildings before 2020. And then a “step by step” approach is formed to establish the domestic and international carbon trading mechanism to effectively reduce GHG missions in China's building sector after 2020.

Suggested Citation

  • Chen, Yihui & Jiang, Ping & Dong, Wenbo & Huang, Beijia, 2015. "Analysis on the carbon trading approach in promoting sustainable buildings in China," Renewable Energy, Elsevier, vol. 84(C), pages 130-137.
    • Handle: RePEc:eee:renene:v:84:y:2015:i:c:p:130-137
    DOI: 10.1016/j.renene.2015.06.062
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    References listed on IDEAS

    as
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    7. Jiang, Ping & Keith Tovey, N., 2009. "Opportunities for low carbon sustainability in large commercial buildings in China," Energy Policy, Elsevier, vol. 37(11), pages 4949-4958, November.
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    Cited by:

    1. Yinan Li & Neng Zhu & Beibei Qin, 2019. "Major Barriers to the New Residential Building Energy-Efficiency Promotion in China: Frontlines’ Perceptions," Energies, MDPI, vol. 12(6), pages 1-28, March.
    2. Chwieduk, Dorota A., 2017. "Towards modern options of energy conservation in buildings," Renewable Energy, Elsevier, vol. 101(C), pages 1194-1202.
    3. Zhao, Rui & Zhou, Xiao & Han, Jiaojie & Liu, Chengliang, 2016. "For the sustainable performance of the carbon reduction labeling policies under an evolutionary game simulation," Technological Forecasting and Social Change, Elsevier, vol. 112(C), pages 262-274.
    4. Jin, S.W. & Li, Y.P. & Huang, G.H. & Nie, S., 2018. "Analyzing the performance of clean development mechanism for electric power systems under uncertain environment," Renewable Energy, Elsevier, vol. 123(C), pages 382-397.
    5. Liu, Cengceng & Li, Nan & Zha, Donglan, 2016. "On the impact of FIT policies on renewable energy investment: Based on the solar power support policies in China's power market," Renewable Energy, Elsevier, vol. 94(C), pages 251-267.
    6. Jiang, Jingjing & Xie, Dejun & Ye, Bin & Shen, Bo & Chen, Zhanming, 2016. "Research on China’s cap-and-trade carbon emission trading scheme: Overview and outlook," Applied Energy, Elsevier, vol. 178(C), pages 902-917.

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